Bitcoin hit a bottom at 65,428 in the early morning and then recovered with a rebound, now trading steadily at 65,854, above the Bollinger middle band at 65,729.


Indicators show short-term strength but volume is insufficient to follow through, with resistance at 65,871 and support at 65,428.
The long-term bullish outlook remains unchanged; in the short term, rebounds may face resistance, so consider shorting at higher levels, and look for a pullback to support levels to stabilize before entering low positions. Do not chase the rally.
BTC-4.46%
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